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FOX News
Dec 6, 2012 2:00pm PST
still isn't doing any good. what they are doing is blackmailing us. president obama is blackmailing saying if you don't do this, if you don't raise taxes on 2%, this is what will happen. >> eric: can i take issue with that? what if we don't go off the fiscal cliff? we are about sequestration later and do the game with the tax hike and spending cuts. we have the same thing? $20 trillion in the hole in four years, 25 trillion in nine years. nothing will change. this place is bankrupt. >> greg: president obama is obsessed with the 2%. like the crazy stalker breaking in david letterman's help. he hates the rich. it is not going to end. in two years we come back and deal with this. >> eric: why don't you want to go off the fiscal cliff? >> bob: a lot of people will get hurt. i don't care if the 2% will get hurt. >> greg: you hate rich people. >> bob: i don't hate them. they're all right. they give money to philharmonic. >> greg: without rich peopl people, there would be no government. >> bob: a deal is worked out as we speak. there will be a deal and include some increase. maybe not the
FOX News
Nov 30, 2012 3:00pm PST
.o.p. lawmakers to accepting the tax hikes now. >> i miss visiting towns like this. >> president obama got his wish, rather than negotiating with republicans he was hamering them. back on the campaign trail in a factory that makes angry bird toys. >> it's not accept to believe me and i don't think it's acceptable for you for republicans in congress to hold middle class tax cuts hostage because they don't want the tax rates on the upper income folks to go up. >> within minutes, john boehner fired back the talks are on life support. >> let's not kid ourselves. >> boehner ripped the president for sending treasury secretary ti tim geithner to capitol hill with a proposal that led mitch mcconnell literally burst out laughing. >> the white house took three weeks to respond with any kind of proposal. and much to my disappointment, it wasn't a serious one. >> their beef is the president campaigned on $800 billion in tax increases by ending the bush tax cuts for the wealthy. but is now proposing double that. $1.6 trillion. by adding tax hikes on dividends and capital gains. plus, the white house wants
FOX News
Dec 4, 2012 2:00pm PST
don't think so. >> greg: president obama was a product of the broken home and he's the president of the united states. so bottom line it's the individual. what the individual achieves in his life. this guy achieveed eel. he killed somebody, he is dead. we could come up with reasons but it's a waste of time. >> dana: but it was a great discussion. >> greg: it was. >> dana: we will take you live to lighting the christmas tree in washington. a moment greg never misses every year. up next, what is the one thing that five fans told greg over and over while he was on the road trip? answer might surprise you. right back with it. [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions and plans including aarp medicarecomplete, insured through unitedhealthcare. call today to enroll. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and ext
FOX News
Dec 4, 2012 11:00pm PST
a product of a broken gnome was he? >> eric: i don't think so. >> greg: president obama was a product of the broken home and he's the president of the united states. so bottom line it's the individual. what the individual achieves in his life. this guy achieveed eel. he killed somebody, he is dead. we could come up with reasons but it's a waste of time. >> dana: but it was a great discussion. >> greg: it was. >> dana: we will take you live to lighting the christmas tree in washington. a moment greg never misses every year. up next, what is the one thing that five fans told greg over and over while he was on the road trip? answer might surprise you. right back with it. ♪ ♪ >> greg: dedicated to jasper. on the road last week, i was asked many question, about dana's height and bob's hygiene. a question kept coming up who pushed the video? why did obama blame benghazi in a video with no evidence at all. i keep asking it, too. i do it for people like navy seal courtly. here is him on "fox and friends." >> i lost good mud buddies and teammates in benghazi. i want to thank fox news for k
FOX News
Nov 28, 2012 10:00pm PST
disappoints. there are certain things that president obama's done i'm deeply disappointed in. i'll just leave it at that. >> sean: and that is all the time we have left this evening. as always, thank you for being with us. let not your heart be troubled. greta is next to go "on the record." see you tomorrow night. thanks for being with us. >> greta: tonight are they will the real deal or bad actors? >> the fiscal cliff is theatre, nothing more and nothing less. it's a game of political chicken, folks. it will result in a winner and a loser. >> our ultimate goal is an agreement that gets our long-term deficit under control in a way that is fair and balanced. >> if the president really wants to reach an agreement, he needs to be talking with members of his own party, right here in washington, trying to broker an agreement. not out there firing up crowds and giving speeches. >> we all know that we've had this spending crisis coming at us like a freight train. and it has to be dealt with. in order to try to come to an agreement, republicans are willing to cut revenue on the table, b
FOX Business
Nov 30, 2012 9:20am EST
. president obama's first offer fiscal cliff, higher taxes, new spending and power over the debt spending. and offered by tim geithner who had tax problems in the past and today president obama is it at a toy factory campaigning for new taxes on the rich. and joining us is julia. >> hi. stuart: how are you. >> i'm great. stuart: i can't believe that you, as a regular american, want to do this to america, do you? >> i think it's because-- i don't think that this is exactly what what's going to happen. stuart: you don't think that the president will actually do this. >> no, no, i think the president has learned to negotiate. what the president would do, he would start with sort of half a loaf and negotiate and give the republicans about 75% of what they wanted. i think he's finally understood if you want to actually get to at least halfway, you have to start at extremes and meet halfway. republicans have done this all along. stuart: you agree with me, if this plan, anything like it from the president, were imposed on the economy at this time it would lead to recession. >> i think that the p
FOX Business
Nov 29, 2012 6:00pm EST
tomorrow. here comes. >> hello, everybody. we begin tonight with breaking news. president obama is upping the ante in the delicate fiscal of talk. confirming today the white house making no concessions with republicans and taking a hard line on new taxes. the latest proposal includes over one half trillion dollars tax increase, double the republicans want, and it wanted up-front. also $50 billion in new stimulus spending. they want to raise the federal debt limit without congressional approval. no spending let's. the brakes are off. with more on this, the ag holds 18, president of american action far and former cbo director. welcome to you both. i just want to mention a couple of other things that are in this proposal which frankly shocked me. the payroll tax break continues. we have bipartisan agreement that it would expire. and then a permanent increase in the debt limit. we said that. a one-year extension of expanded jobless benefits. the list goes on and on. it's like a christmas tree. >> i think it's very unfortunate there was a moment not too long ago when we thought there was a fai
FOX News
Nov 29, 2012 2:00pm PST
the best. feel better. our prayers and our hearts go out. keep you up to date on the story. president obama had an interesting lunch today. governor romney spent an hour or so at 1600 pennsylvania avenue we check it out and found the practice is pretty darn common. look at the pictures. president obama with john mccain in 2008. bush and clinton in '92. bush and dukakis in '88. carter and reagan in 198. oddly enough, though, bob there was one loser we couldn't find. turns out mondale, '84, lost to reagan. no pictures. what happened? >> bob: we didn't like to menu dand sided not to go. we expected an invitation and never got one. we did. >> eric: c'mon. >> eric: never got an invitation. i went through every president in 1980 -- >> bob: you think we snuck in the backdoor? we would have gone and got a picture. >> eric: i saw reagan and carter. >> bob: what do you think happen? >> brian: i hear they should have got together but reagan never liked carter. >> bob: never. >> brian: that stayed true. cart and ford got to be good friends but not until reagan was in office. >> eric: what do you think?
MSNBC
Nov 29, 2012 9:00am PST
since president obama and john boehner met in person. nbc news confirms two leaders spoke by phone for 15 minutes last night a call described by politico as short and curt. boehner gave his state on the current talks a moment ago. >> no substancetive progress has been made in the talks between the white house and the house over past two weeks. all eyes are on the white house. the country doesn't need a v victory lap it needs leader. >> behind the scenes of the contours of a deal are starting to take shape, a trillion plus dollars in tax heights, entitlements of $400 billion and 1.2 trillion in spending cuts to offset the dreaded sequester. if the phoners haven't been gabfests the president is chatting up other folks including small business owners, middle class americans and mitt romney-loving ceos. if awkward meetings are par for the course in washington, the president's one today takes the cake. later this hour, president obama will sit down for a post-election chitchat with the prince of awkward, the king of tilted conversation and uncomfortabled one-liners, mitt romney. is ther
PBS
Nov 29, 2012 12:00am PST
captioning sponsored by macneil/lehrer productions >> brown: president obama said today he believes a framework for a debt-cutting deal can be reached in the coming weeks. good evening, i'm jeffrey brown. >> warner: and i'm margaret warner. on the "newshour" tonight, we get the latest on the efforts to resolve the impasse over tax hikes and spending cuts. >> brown: then, we get two views of a palestinian bid for limited statehood, ahead of a key vote tomorrow at the united nations. >> warner: wonder why your bills are going up? paul solman examines "the fine print" with author and journalist david cay johnston. >> i'm not against corporations. i am in favor of rules that make you earn your profits in the competitive market. you don't get them through a government rule that lets the company reach in your wallet and take money. the kinds of profits that we're >> brown: after the election, what's next for immigration reform? ray suarez asks texas senator kay bailey hutchison and illinois representative luis gutierrez. >> warner: and on the "daily download," we look at how the obama adm
CNBC
Dec 6, 2012 7:00pm EST
evening, everyone. i'm larry kudlow. this is "the kudlow report." the talks are back on. team obama and team boehner are back at the negotiating table. but there is still substantial disagreement on tax rates, tax revenues, domestic spending and entitlement reform and the clock is ticking. speaking of tax hikes, europe's grand experiment with taxing the rich more is falling apart, especially in france and britain. and here at home, california and new york are passing through the 50% tax rate barrier. is anybody looking at how tax hikes fail the test of economic growth? >>> back here in the u.s., could it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern a
FOX Business
Dec 3, 2012 5:00pm EST
their fiscal cliff counteroffer to president obama. does it actually have a chance though? will the president and congressional democrats just blow it right out of the sky? we'll break it all down. >>> plus the mississippi river in crisis. water levels dropped to historic lows threatening to bring commercial traffic to a halt and spike food prices. have you even heard about this? the head of one mississippi barge operator joins us whether a disaster can still be avoided. >>> would you sublet your name for an entire year? a bidding war breaks out for the right to one man's name. he is here to explain his bold idea and how he is cashing in. even when they say it's not it is always about money melissa: first let egg look at the day's market headlines. concern over the fiscal cliff bleeding into the u.s. manufacturing sector. factory activity in november declined for the first time in three months. the news weighted down stocks helping shed 59 points off the dow. the raw materials sector hit hard by the contraction in manufacturing. shares of dupont were the biggest loser closing down 2%. dell ge
PBS
Nov 28, 2012 6:00pm PST
download," we look at how the obama administration is re-using digital information gathered for the campaign to rally support now. >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: washington was a-whirl today with more talk of avoiding the much-discussed fiscal cliff. but as november wound down, the president suggested an agreement on taxes and spending could come in time for the holidays. >> i believe that both parties can agree on a frame work that does that in the coming weeks. in fact my hope is to get this done before christmas. >> you know me, i was born with the glass half full. i'm an optimist. >> brown: hopeful signs emanated from the white house and the capitol today, about getting a deal before the new year brings automatic tax hikes and spending cuts. president obama offere
MSNBC
Dec 4, 2012 7:00am PST
with president obama. they are both republicans and democrats. they all want to know how he's going to handle the fiscal cliff crisis. they will also meet with john boehner. boehner counter proposal yesterday. $600 billion in cuts in entitlement and $250 billion in changes in way the government changes inflation that would impact social security. let me bring in the national journal from the editor. good morning. i want to talk to you about this republican proposal saying republicans in congress want to get serious about asking the wealthiest to pay slightly higher tax rates. we won't be able to achieve a significant balanced approach to the deficit. it does have some revenue in it, even though it's not from tax increases. so what does this opening offer say about where we are in these negotiations? >> well, it seems very difficult to imagine that we're going to be getting to a deal that will handle everything that needs to be addressed before the end of the year. i think the first main thing that needs to be addressed is the question of the tax cuts expiring. and for the obama administration
MSNBC
Dec 5, 2012 3:00am PST
holding the pen when he wrote, "i will not raise rates" in that letter he sent to president obama. but the problem is, we can agree or disagree with the president's position. i honestly take the president at his word. i do not believe there will be a deal here without some increase in tax rates for the top 2%. it doesn't have to be all of it, but some of it. i think the president has changed his tune a bit from the way he's handled some of these other negotiations. and take everything you say and turn it around. boehner and the republicans have to be aware of where obama's at in his own head and with his colleagues, which is no deal without some increase in rates, or we go over the cliff. >> let me just add one thing. when obama made that initial offer, we talked a little bit about how, you know, it was a wish list. it was ideological, whatever you want to say. i think it actually helped boehner in some respects because it gave him three or four things that he could then go back to his caucus and say, look, i moved obama off of this, this and this. and when boehner put his offer o
MSNBC
Dec 3, 2012 8:00am PST
the president's new negotiate i want aing style. it said mr. obama scattered by failed negotiations in his first term and emboldened by his re-election has shown to be a dlimp different negotiate or. the white house reminded people what the president basically campaigned on saying that everybody knew going in what they were getting re-lecting th this stifle president. does he walk with confidence of re-election under his belt and is this the way it's going to go, nor mr. nice guy approach? >> i think the president believes very strongly that we can't repeat the mistakes of the past. that going back to tax cuts for the wealthiest americans, hoping that trickles down the rest of us have failed us for well over a decade. what we need to do instead is be serious about protecting the middle class and the republicans agree with that. don't hold those tax breaks for millionaires hostage. let's reduce taxes for the middle class. that's something that we all agree on fine let's get it done. if we believe we need to make certain investments which we do to grow the economy, in infrastructure and innovation
CNBC
Nov 30, 2012 6:00am EST
president obama's proposal which includes a $1.6 trillion tax increase, a $50 billion economic stimulus package and new power to increase the debt ceiling without congressional approval. the offer featured higher tax rates for households making over $250,000 a year. a one year postponement of the sequester and about $400 billion in savings over ten years for medicare and other entitlement programs. >> despite the claims that the president supports a -- >> thousand is the time fnow is republicans to move past the happy talk about revenues, ill defined, of course, and put specifics on the table. the president has made his proposal. we need a proposal from them. >> today president obama is taking his pitch on the road. he will be visiting the philadelphia suburbs employing campaign style tactics in hopes of mobilizing the public to his side. he'll be speaking at a manufacturing facility arguing that businesses it depend on middle class consumers over the holiday season. despite all this, you see the futures today indicating higher. dow up by about 35. does that surprise you guys? >> no, i
CNBC
Nov 30, 2012 4:00am EST
. tokyo stocks end the week at a seven month high. plus president obama will take his case for tax hikes on the wealthy to the american people today as the war of words between democrats and republicans over the fiscal cliff heats up. >>> the trading session sitting roughly flat on the stoxx 600. decliners and advancers about even this morning. markets are trying to digest these comments from draghi. first, let's take a look at the bourses. s it is the last trading day of the month. just one left to go in this extraordinary 2012. ibex 35 appropriately enough is ending in the red today. other indexes showing a little bit of a rise here. we've seen spanish and italian debt come in sharply and the yields falling today. we saw the euro-dollar adding almost 0.3%s this morning. dollar-yen up two thirds of a percent in the light of perhaps japan may be getting moring a yes, sir sif on st ing a grefs saggressive on stim. let's get over to deidre wang morr morris. >> yes, the japanese data was good, but also the economy still stuck in deflation. hang seng down half a percent. we had pic stay in f
FOX Business
Nov 29, 2012 11:00am EST
president obama and john boehner spoke for 15 minutes last night. i just bumped into a senior leader among senate democrats and asked him how he felt about this news and he said -- he was more optimistic about these negotiations today. he thought perhaps this man the speaker and the president were exchanging proposals on avoiding the fiscal cliff, john boehner has a press conference at 11:30 after his meeting with tim geithner. connell: we will speak with -- see what the speaker has to say. with all this back and forth, a decent amount of speculation that a deal is starting to take shape. look at the reporting from politico and they put numbers to its save a framework looks like this. taxes for revenue would rise by $1.2 trillion. families making them to $50,000 would see higher taxes which we have been expecting and entitlement programs would be cut by $400 billion, most coming for medicare and, quote, end of war savings peter barnes and others reported many times as being dubious because they counted the previous budget you have another trillion plus in cuts. that according to politico i
FOX News
Dec 6, 2012 10:00am PST
get appointed -- megyn: and she's one of the top ten bundlers for president obama. >> and i have to tell you, i've had wide experience with political appointees -- true, mostly republicans -- and they've been very effective. i would not underestimate how important it is overseas to have somebody who knows the president personally, who could call the president if they needed to. and here's the really important thing, who cares first and foremost about the president's policy. not about what the bureaucracy at the state department wants, but about the president's policy. i'm not saying anna wintour's going to do all that -- megyn: right. >> but that is important. megyn: what does that person do? if you become the boord to the u.k., what do you do? >> well, that is one of the hardest posts because london is so close to washington that people go over all the time. there's a lot of direct phone communication. and it really is typical of embassies around the world. it's very different than 200 years ago when you got on a ship and three months later you got to the place you were accredit
KCSMMHZ
Nov 29, 2012 2:30pm PST
the obama administration, that has the reputation of being more israel- unfriendly than previous administrations in a very israel-friendly country, especially obama, who does not have the best of relationships with benjamin netanyahu, the israeli prime minister. they had to do this publicly. of course, they say that it is for different reasons. they say the only way to a palestinian state it is through direct negotiations. we all know that has not worked in the past years, especially the obama administration. the administration has failed, actually, to do anything for the peace process, and some are hoping it might change with the new administration. secretary clinton is leaving, and there are hopes that may be things will pick up again with her successor. >> thanks for the update. >> now for the view from jerusalem, let's cross over to our correspondent who is standing by for us there. the israeli prime minister has condemned the palestinian move. can you tell us more about how israel views this? >> i think israel is concerned that through this upgrade, palestinians could challe
PBS
Dec 3, 2012 4:00pm PST
hillary clinton warned that was a red line. a short while ago, president obama issued this warning from washington. today, i want to make it absolutely clear to assad andd those -- and those under his command, the world is watching. the use of chemical weapons is an would be totally -- is and would be totally acceptable. if you make them tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> i discussed his strong words to syria's leaders with the bbc 's state department correspondent. while u.s. officials talking about serious chemical weapons -- wh yare -- why are u.s. officials talking about syria's chemical weapons now? >> officials have been quoted as saying they have seen activity, that these weapons are being moved around, possibly in preparation for their use. it is very difficult to read the assad government and find out exactly what they are doing. are they trying to protect them? are they trying to bluff? we have heard from certain officials saying they have no intention of using chemical weapons against their own people. of cou
CNBC
Dec 5, 2012 4:00am EST
to be for the rising movie industry. cet will head out to washington as president obama is pushing forward his tax for the wealthy agenda. george osbourne is going to update today. the chancellor will have his work cut out to meet his target of eradicating the federal deficit by 2015 as well as securing a fall to gdp ratio. also expected further pressure with a cut to its growth forecast. steve is braving rather inclement british winter weather outside the houses of parliament. >> lovely. >> i know you like it. how much is it going to be raining on george osbourne's parade? >> it's going to rain on his parade. you just nailed it, ross. three things which are going to come up today, which he has very little control over. one is that obr reckoning on the uk economy. thought only back in march it was going to grow -- pain a negative growth for the year. next year they thought it was going to be 2% growth. it's probably only going to be 1%. in terms of those two targets you mentioned, eradicating the structural deficit in a five-year period, that's going to have another couple of years. >> right. now,
CNBC
Nov 29, 2012 6:00am EST
people. >> did you see this, obama is flexible on highest tax rates. >> administration official. white house officials later signaled that. he didn't signal it in anything he said. >> i spoke to a couple who were at the meeting yesterday, some of the executives, who felt, and this is like the implied feeling that he was now more willing to deal on the highest rate. >> did you hear anything about spending cuts or entitlement reform? >> two conversations are taking place. one if the public trying to get them behind you. the other is whether you're actually saying to the people you're negotiating with. and when you saw the signal, it was like, okay, maybe they'll get to that, i don't know, 37% or 500,000 or something. what we had been talking about two weeks ago. maybe that's where they're headed. stocks did gain ground on optimism around the idea that we could reach some sort of a deal to overt the fiscal cliff. the dow closing more than 100 points higher after being down by more than that during the session. a swing like that hasn't happened since october 2011. u.s. equity futures at th
FOX News
Dec 5, 2012 3:00am PST
work with the liberal media. president obama extends extra special invites for sit down with liberal gabbers. >> brian: he is one of america's favorite coach. his career almost ended early and fans had no idea. the coach revealed something for the very first time. by the way. "fox and friends" starts now. ♪ ♪ "fox and friends". >> steve: you must be conflicted today. >> brian: in what way? >> steve: we have coach k on and any time we have peitro, the super model who has been a friend of your manies, many years. >> brian: i am looking forward to nick rangon. >> gretchen: you will have to duke me out for it then. >> brian: you start with him in 10 minutes. >> gretchen: you want to trade coach for nick it will coach you. >> brian: and edrolins to be named later. >> gretchen: and i always like rolins. >> brian: pet up with us. she was a young super model. >> gretchen: does she know she was off your list. >> brian: not a world. can we agree as well that is our secret. >> steve: she doesn't have to know. we have a busy three hours starting with a fox news alert. >> gretchen: we have on
FOX Business
Dec 3, 2012 1:00pm EST
. with that, president obama is hosting a twitter question-and-answer next hour. back to you. >> signs on for that. rich, thank you. >> time is returning out on the fiscal cliff, and the next guest thinks there's a deal brewing, optimistic. that's david, adviser's chairman and chief investment officer. what do you think is the key to getting a deal done? do you think something's brewing? >> i think something is brewing, melissa. you heard mcconnell use the word "revenue," new, had not heard that in years. maybe he's going to go to a wedding, i don't know, but we got his attention. revenues. all of the sudden -- >> we all know revenue means a number of things, and if can be code for closing loop loopholes and deductions, and not actually raising the marginal rate. as awless, devra davis in the detills, and i'm not sure they are closer to the devil at this appointment. we won't get close to the devil until december 31st at 11:59, and we may go over, come back, and bounce from the cliff. that's what it takes. it's ow system. it's a rotten system. it's the one that we have. all of this pos
FOX News
Nov 28, 2012 5:00pm PST
because that would send "time" magazine a message stop screwing around. if barack obama doesn't win person of the year i will be surprised. yes "time" nominated mitt romney but he he has no chance. neither does hillary clinton who is somewhat responsible for the libyan mess. bill clinton is on the list. i would vote for jay-z over the president. no to bill clinton sea brilliant man. why would he be person of the year? for what. you can see we are living in a very shallow time in america. pardon the pun. truth is, we have very few dynamic leaders in this country where is abe lincoln when we need him. like 1860 america is a divided nation there is a culture war raging. we need a person to bring us together to solve complicated problems and stop all the nonsense. lincoln could have done it. republic-- strike that gist and kirsten powers the democrat and fox news analyst. who is your person of the year? >> while using "time" magazine's criteria which doesn't mean it's necessarily a person you think is good or bad or but someone who we spent a lot of time talking about who has a real impact thi
Current
Dec 5, 2012 9:00am PST
for everybody. in the current news center. >> good morning, everybody! president obama is meeting with business leaders again today to talk about the consequences of going over the fiscal cliff. he's also claiming to call on congressional leaders to make sure we raise the debt ceiling without contention. the white house making the case that extending the bush tax cuts for the middle class is directly connected to the health of our businesses. companies need to know consumers will be able to spend and in his first post-election interview president obama again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he sticks to it. >> g.o.p. leaders aren't only dealing with the president and congressional democrats they're dealing with a split within their own ranks. more conservative republicans don't want part
CNBC
Nov 29, 2012 4:00am EST
the world. europe follows asia higher after a pop on wall street. president obama and congress make positive comments about avoiding the fiscal cliff. and uk banks brace for possible new rules on capital and lending as bank of england governor mervyn king prepares to unveil his financial stakt reporbility. and the search is on on for the winners of the pow ball ticket as two tickets matched all the numbers in the $580 million drawing. we're getting a lot of green on the heat map and not a lot of red. sur enough, the stoxx 600 is up 0.8%. we can take a look in at the bourses and almost a mirror image of yesterday. ibex 35 adding 1.6%, cac 40 up more than 1%. the dax adding 0.8%. and we just got german unemployment figures. plus the foot city 100 up 0.8% this morning. so pretty much a strong session across the board. again, following what we saw in the u.s. yesterday. take a look at the bond wall here of course we have an italian auction coming up later and italy's ten year, below 4.5% this morning. so price rising. that yield falling. spain also benefiting. that yield down to 5.2%. bunds cree
CNBC
Nov 30, 2012 4:00pm EST
on treasurietreasur. as soon as boehner and obama walk out of the white house, which i believe they'll do at some stage over the next month, as soon as that happens, everything is going to flip the other way. i'd like to find a way to play the market, but i think for long-term investors, valuation gets more and more important. the more you stretch things out. the key thing people are miss -- i agree with rick, the economy is not that strong, but it is still growing steadily and valuations are so extreme that you know which way the money is going to go when things settle down. i just wouldn't want to be on the wrong side of that trade. >> stephanie, that's basically the way you feel. you have sort of opportunities out there. how do you see it, stephanie? >> i think what you want to do is use the volatility, use the declines, and go back to the companies that reported good third quarter earnings. go back to an ebay. >> stick to fundamentals. >> right. go back to starbucks. or you also can focus on some of the themes, right. housing is still in recovery mode and that -- i know it's well known, but i
FOX News
Dec 4, 2012 3:00am PST
counter offer. come to me now, guys, we are okay. in a letter to president obama, the president writes that the american people expect the leaders to find common ground . with that they proposed a bold counter offer for averting the fiscal cliff. the republican plan seeks $800 billion through tax reform and mandatory spending cuts. the white house said that the republican proposal falls short of what the president wants and cannot be taken seriously. >> we understand they don't agree with everything but we have not seen alternatives for them and they spoke about the need for revenue and that acknowledgment is welcome. but thus far republicann leaders are adament don't believe rates should go up on the top two percent of the american people. the american people disagree. rates have to rise and the republicans need to acknowledge that. >> that's the major difference between the two sides. tax hikes for the rich x. republicans want tax reform and eliminate deductions and closing the loop holes. the president said on twitter, there can't be tax cuts at the rich at the expense of domestic p
FOX Business
Dec 2, 2012 1:30am EST
, there's a dilutional nature of president obama. he won 50% of the vote and yet, he thinks he won 90% of the vote and that's how he's acting now and i don't care what anybody says, there is no rational reason to raise taxes right now. you don't get enough revenue to deal with the deficit and by the way, we got 2.7% economic growth, which people were jumping up clapping about the markets were, but that's still pretty lousy. >> all of thatnventory build. >> that won't happen again u ben stein? >> one reason to raise taxes we have a 1 trillion dollar deficit, but igree with charlie, we've got to cut this noncess out how we need 50 billion of extra stimulus. look, we're running 3 billion a day of deficit spending, we don't even know if deficit spending is stimulative. we don't have to prove that th's stimulative. we're running such a huge deficit. unless he's a poker player and this is a bid to throw us off pace, that's not a serious proposal. we're not dealing with this seriously at 1600 pennsylvania avenue and he owes the population a lot more than he's showing. >> neil: adam, i'm worr
FOX Business
Dec 4, 2012 1:00pm EST
of president obama's top 10 fund raisers? how does the idea madam ambassador sound? it is idea being floated for vogue editor anna wouldn't ture, could be u.k. where she was born and raised or france. the job could be reward for helping the president raise money during the president's re-election campaign. the fashion maven hosted four events where ticket prices were 10,000 to the $40,000 a pop. that is lot of copies of "vogue.". many times today they say she is fashion editor. so many qualified people who have been diplomats for years. career diplomats. melissa: makes it feel like you buy it. lori: absolutely. absolutely. melissa: coming up tonight on "money", speaking of money, congresswoman sheila jackson-lee joins me to discuss why republicans are waging a war on working families with their fiscal cliff plan. that is 5:00 p.m. eastern here on fox business. >> as we say good-bye to you this hour a lot more ahead for the trading day with a couple hours to go. the president meeting with governors on what else, the fiscal cliff. did they come into any conclusion? ashley and tracy going insid
Current
Nov 28, 2012 7:00pm PST
of independence. >> well, president obama and secretary clinton both rushed to her defense. >> i couldn't be prouder of the job she has done. >> susan rice has done a great job as our ambassador to the united nations and of course, this decision about my successor is up to the president but i'm very happy he has the opportunity with a second term to make a decision. >> but they're not just going to have to convince props even some democrats were reluctant to overtly support her. jon tester said: >> joe manchin damaged it saying: >> in fact, john kerry's name has come up. susan collins said he would be easily confirmed. senator baroso backed him. even john mccain, leading the charge against rice had high praise for john kerry on fox news yesterday. >> john kerry came within a whisker of being president of the united states. i think that works in his favor but i'd love to hear him make his case, but i don't have anything in his background like this tragedy in again gassy that would make me really want to carefully examine the whole situation. >> of course it doesn't hurt that if kerry too
CSPAN
Nov 30, 2012 6:00am EST
, as president obama said in 2010. peace cannot be imposed from the outside. the real message of this resolution for the people of israel is that the in the national community would turn a blind eye to violations by the palestinians. in submitting this resolution, the palestinian leadership is once again making the wrong choice. 65 years ago, palestinians could have chosen to live side- by-side with the jewish state of israel. 65 years ago, they could have chosen to accept the solution of two states are two people. they rejected it. they are rejecting it again today. the international community should not encourage this rejection. they cannot encourage us to drive forward recklessly with no hands on the wheel and no eyes on the road. instead, it should encourage the palestinians to enter into direct negotiations. mr. president, winston churchill said, "the truth is in convertible. ignorance may be righted. malice may be sorted, but there it is." the truth is that israel wants peace and the palestinians are avoiding it. this resolution is not advancing peace, but undermining it. the un was create
CNBC
Dec 3, 2012 4:00am EST
. they admitted that there has to be some revenue. meanwhile the obama team led by secretary geithner are comfortable with at least 2:1 what they would call entitlement cuts. so there was a lot of ground for a deal. unfortunately, i think the threats from some democratic leaders that maybe it's okay to go over the fiscal cliff, i'm worried some actually believe that and that's one thing that scares me. i think there's a deal on the table, get a few years deal, it's only if -- obviously the republican caucus could do something stupid, but owes otherwise my main word is the dems decide they want to play for a long term deal that it all has to be resolved right now and it's worth the risk and i don't think it's worth the risk. >> adam, always good to see you. thank you very much indeed. we move on, stay in the united states, strike at the port of los angeles long beach is entering its seventh day and some analysts fear it could cost the u.s. economy $1 billion a day. it means lost business for truckers and others who rely on the port for their livelihood. combined they are the nation's b
CSPAN
Nov 30, 2012 2:00pm EST
senators. president obama and vice president biden are back in their offices. we have had new office holders elected in many states and local communities as well. and while we have a lot of change in the elected offices, we all know that a big part of government relates to what we refer to as the executive branch and that means various departments of government and agencies within those departments of government. and those people work very hard. they are committed to the american people. they are not elected. and many times we do not even know who they are. now, today i want to raise an issue that is vitally important to all of the american people. because on or about december 10, the levels of water on the mississippi river are going to be so shallow between st. louis, missouri, and cairo, illinois, and then on top of that because of rock tentacles between red tower and theebs, illinois, that river traffic may come to a halt on the mississippi river. and that means there's going to be millions of tons of commodities that are not going to be able to be transported north and south on
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